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The commercial vertical is the largest adopter of access control readers. In this vertical, commercial premises such as enterprises and data centers, banks and financial centers, hotels, retail stores and malls, and entertainment areas have been considered.
The overall access control reader market is expected to grow from USD 3.0 billion in 2019 to USD 5.4 billion by 2024, at a CAGR of 12.5%. The growth of this market is mainly driven by the high demand for enhanced security; contactless interfaces to boost adoption of smart cards; and increased convenience, enhanced security identity management, and improved human resource management. Increasing urbanization in emerging economics provides major opportunities for the growth of the access control reader market.
Market Analysis and Insights: Global Access Control Reader Market
In 2020, the global Access Control Reader market size was US$ XX million and it is expected to reach US$ XX million by the end of 2027, with a CAGR of XX% between 2021 and 2027
Global Access Control Reader Scope and Market Size
The global Access Control Reader market is segmented by region (country), company, by Type, and by Application. Players, stakeholders, and other participants in the global Access Control Reader market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), byType, and by Application for the period 2016-2027.
Segment by Type
Card-based Readers
Biometric Readers
Multi-technology Readers
Segment by Application
Commercial
Government
Residential
By Company
ASSA ABLOY AB (Sweden)
Dormakaba Holding AG (Switzerland)
Allegion plc (Ireland)
Identiv, Inc. (US)
Nedap N.V. (Netherlands)
Suprema HQ Inc. (South Korea)
Napco Security Technologies (US),
Gemalto N.V. (Netherlands)
Avigilon Corporation (Canda)
IDEMIA (France)
Peter Hengstler Gmbh+Co. (Germany)
Paxtron Access Ltd. (UK)
Castles Technology (Taiwan)
DUALi Inc. (South Korea)
Salto Systems (Spain)
Axis Communications (Sweden)
AMAG Technology (US)
Pax Technology Ltd. (China)
Advanced Card Systems Ltd. (China)
Gallagher Group (New Zealand)
Vanderbilt Industries (US)
Brivo, Inc. (US)
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Colombia
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
The overall access control reader market is expected to grow from USD 3.0 billion in 2019 to USD 5.4 billion by 2024, at a CAGR of 12.5%. The growth of this market is mainly driven by the high demand for enhanced security; contactless interfaces to boost adoption of smart cards; and increased convenience, enhanced security identity management, and improved human resource management. Increasing urbanization in emerging economics provides major opportunities for the growth of the access control reader market.
Market Analysis and Insights: Global Access Control Reader Market
In 2020, the global Access Control Reader market size was US$ XX million and it is expected to reach US$ XX million by the end of 2027, with a CAGR of XX% between 2021 and 2027
Global Access Control Reader Scope and Market Size
The global Access Control Reader market is segmented by region (country), company, by Type, and by Application. Players, stakeholders, and other participants in the global Access Control Reader market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), byType, and by Application for the period 2016-2027.
Segment by Type
Card-based Readers
Biometric Readers
Multi-technology Readers
Segment by Application
Commercial
Government
Residential
By Company
ASSA ABLOY AB (Sweden)
Dormakaba Holding AG (Switzerland)
Allegion plc (Ireland)
Identiv, Inc. (US)
Nedap N.V. (Netherlands)
Suprema HQ Inc. (South Korea)
Napco Security Technologies (US),
Gemalto N.V. (Netherlands)
Avigilon Corporation (Canda)
IDEMIA (France)
Peter Hengstler Gmbh+Co. (Germany)
Paxtron Access Ltd. (UK)
Castles Technology (Taiwan)
DUALi Inc. (South Korea)
Salto Systems (Spain)
Axis Communications (Sweden)
AMAG Technology (US)
Pax Technology Ltd. (China)
Advanced Card Systems Ltd. (China)
Gallagher Group (New Zealand)
Vanderbilt Industries (US)
Brivo, Inc. (US)
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Colombia
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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